With the flurry of both drilling and leasing currently permeating the SCOOP/STACK/MERGE plays of Oklahoma, some of the biggest questions asked by...
Highlights from Oseberg’s September 11th weekly report on oil and gas activity in Oklahoma: Council Oak Resources stays on top of the leasing...
The total active U.S. rig count, which includes oil and natural-gas rigs, rose by 1 to 944, according to Baker Hughes. Baker...
HOUSTON, Sept 8 (Reuters) – The world’s largest oilfield services company, Schlumberger NV, is spending billions of dollars buying stakes in its...
Highlights from Oseberg’s September 5th weekly report on oil and gas activity in Oklahoma: Council Oak Resources climbs to the top of the leasing...
In a significant development out of the U.S. Department of the Interior, the Office of Natural Resources Revenue has elected to eliminate...
A federal jury has awarded two Oklahoma oil companies $220,000 in damages from a “well-bashing” incident in 2015 by a company later...
Highlights from Oseberg’s August 28th weekly report on oil and gas activity in Oklahoma. Council Oak continues to lease up, with more than...
LONDON (Reuters) – Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the...
The rise in the number of active rigs in the United States continues to slow, with the 5-week average gain for US...
U.S. stocks finished higher on Tuesday, as the S&P 500 and the Nasdaq Composite recovered most of their losses from the previous session after the sudden rise of Chinese AI startup DeepSeek sent shockwaves through Wall Street.
The Dow Jones Industrial Average rose 0.3% to end near 44,850, according to preliminary data from FactSet.
The S&P 500 was up 0.9% to finish around 6,067, snapping a two-day losing streak.
The Nasdaq Composite surged over 2%, ending near 19,733. It was the best day for the tech-heavy index since Jan. 15, according to Dow Jones Market Data.
Investors were turning their attention to corporate earnings due this week amid concerns that a low-cost Chinese AI model could challenge American companies' dominance in the sector and their lofty valuations that have powered the bull market for the last two years. Microsoft Corp., Meta Platforms Inc. and Tesla Inc. are due to report their quarterly results on Wednesday after the closing bell, while Apple Inc. will report on Thursday.
The Federal Reserve also kicked off its two-day policy meeting on Tuesday, with fed-funds futures traders expecting no change in interest rates on Wednesday from the current range of 4.25% to 4.50%.
Sales of big-ticket manufactured goods and overall U.S. business investment showed signs of revival toward the end of 2024, but it’s unclear whether a two-year industry slump is ending.
Orders for durable goods omitting transportation rose 0.3% in December and increased for the fourth time in the past five months. Durable goods are items such as computers and appliances meant to last at least three years
Overall orders fell 2.2% in the month, but almost entirely because of a decline in bookings for Boeing aircraft.
The ups and downs of the struggling U.S. plane manufacturer has skewed the headline durable-goods number for more than a year.
American manufacturers hope for bigger things in 2025, but not all the headwinds have died down. Interest rates remain high because of lingering inflation and some of Trump’s threatened tariffs could exacerbate price pressures.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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